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they are convincing one another that it is not that big after deal. so right now the white house's big hope and i don't think it is misplace said that if we go to do doom's days on this, the hope is people that get blamed will be the republicans. >> that's option 2. that's default. i've given you two options. >> it's not default if we don't stop sending out the checks. if we keep sending out the checks, it's not default. we didn't default in '95. we just got near to it. >> does the president then say, okay, i'll agree to the republican plan? what's the third option besides default and defeat? how does he force his point of view, which is a reasonable balance, two or three to one, spending cuts to revenue hikes. >> i have no idea. i should say they're talking four or five to one. >> how do we get to there then? >> he can't. on his own we simply cannot. we live in a country, the constitution, the constitution has ultimate power. a lot of people think he could ignore them by asserting constitutional authority, but that is really dependent on the supreme
they are convincing one another that it is not that big after deal. so right now the white house's big hope and i don't think it is misplace said that if we go to do doom's days on this, the hope is people that get blamed will be the republicans. >> that's option 2. that's default. i've given you two options. >> it's not default if we don't stop sending out the checks. if we keep sending out the checks, it's not default. we didn't default in '95. we just got near to it. >>...
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if they're not, there's no chance for a big deal and i can tell you this. democrats are not going to go for something that says we have all these cuts that we'll put in the budget now and maybe we'll get revenues down the road, the ways and means committee or the finance committee will decide those down the road. leader reid issued a statement that i think sums up our view, that there has to be balance between cuts and revenues, and that balance should be in terms of dollars, in terms of specificity and in terms of timing. that pretty much sums up our position. >> there had been a previous position in previous talks that three to one would be a -- >> we're not saying -- there has to be balance. obviously we're not going to take $100 of cuts for $1 in revenues. but we're not specifying exactly what that balance should be. however, it's got to be some decent form of balance. >> does making a deal that does include entitlements including medicare take away a huge weapon from house democrats? as leader pelosi believes that she has a shot at 24 seats and getting
if they're not, there's no chance for a big deal and i can tell you this. democrats are not going to go for something that says we have all these cuts that we'll put in the budget now and maybe we'll get revenues down the road, the ways and means committee or the finance committee will decide those down the road. leader reid issued a statement that i think sums up our view, that there has to be balance between cuts and revenues, and that balance should be in terms of dollars, in terms of...
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now, the president has been pushing a big deal. so what is a big deal? white house officials tell me anything over $2 trillion, but he is pushing for more in the area of cuts that would equal $4 trillion over the next 10 to 12 years. now, this all comes against the backdrop of a report today in the "washington post" saying thatm president obama is putting social security on the table along with medicare and medicaid and when we asked the white house about this, they said, look, this is not news. the president has always supported the idea of small cuts in those entitlement programs to make them more effective as long as the cuts didn't impact beneficiaries and having said that some folks on the hill say there are some scenarios which would see a major overhaul of the entitlement programs, but the white house says they would not want to see anything to overhaul the main programs. but one of the sticking points here, thomas, is taxes. democrats want to see a rollback in tax credits for the wealthy americans and in big corporations, and the republicans have
now, the president has been pushing a big deal. so what is a big deal? white house officials tell me anything over $2 trillion, but he is pushing for more in the area of cuts that would equal $4 trillion over the next 10 to 12 years. now, this all comes against the backdrop of a report today in the "washington post" saying thatm president obama is putting social security on the table along with medicare and medicaid and when we asked the white house about this, they said, look, this...
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are we talking about a big difference here, richard? >> it is a big difference. when we're talking about job recovery, it has not been kind to the different sexes. women trail men by 1 mill general jobs and men on the other hand saw a big spike of over 700,000 jobs. that's the 1 million right there. that is not common when you take a look at recoveries in the last four decades. recovery are normally better to women. not in this case. some women are doing better. white women, if you look at this category, saw their unemployment rate drop. that's good. that's during the recovery. but asian, black, and hispanics, those women saw unemployment rise during this same recovery period in the last two years. what might explain this historical blip is not known. men lost three million jobs more than women in the recession. you can see the difference here. this is three million jobs of a difference. but even with these gains, men still lag women by two million jobs from prerecession levels if you were to do the numbers. certain job sectors have more women than men and vice v
are we talking about a big difference here, richard? >> it is a big difference. when we're talking about job recovery, it has not been kind to the different sexes. women trail men by 1 mill general jobs and men on the other hand saw a big spike of over 700,000 jobs. that's the 1 million right there. that is not common when you take a look at recoveries in the last four decades. recovery are normally better to women. not in this case. some women are doing better. white women, if you look...
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ben's a re/max agent, and he's a big part of this community. re/max agents know their markets, and they care enough to get to know you, too. nobody sells more real estate than re/max. visit remax.com today. [ male announcer ] built like a volkswagen. the 2011 tiguan. [ grunts ] >>> it's time to clear the air. tomorrow's the first friday of the month. that might not mean much more than the weekend to most people, but to a communist financial markets not to mention the white house and every single republicans who hopes to occupy it in 30in 2013, it's a very important day. the day the monthly job numbers come out. trying to predict these is a fool's game. here's a bit of confidence. however good or bad they, they aren't going to be good enough. keep in mind we need more than 100,000 new jobs every month just to keep up with population growth. it we add 200,000 month after month, it will take until 2017 to get back down to 6% unemployment. with 50 million people out of work, that's much to long. yet all anyone in washington wants to talk about is t
ben's a re/max agent, and he's a big part of this community. re/max agents know their markets, and they care enough to get to know you, too. nobody sells more real estate than re/max. visit remax.com today. [ male announcer ] built like a volkswagen. the 2011 tiguan. [ grunts ] >>> it's time to clear the air. tomorrow's the first friday of the month. that might not mean much more than the weekend to most people, but to a communist financial markets not to mention the white house and...
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brewer, covering the big news from coast to coast. the big story today, casey anthony will be out of jail in less than one week. moments ago, we learned the florida mother acquitted of murdering her own 2-year-old daughter will be released next wednesday, july 13th. on tuesday, she was convicted on all counts of lying to police. this morning, judge belvin perry announced what that would cost her. >> i will sentence you to one year in the orange county jail, imposing a $1,000 fine on each count. all four counts to run consecutive to each other, giving you credit for the time that you have previously served. >> that credit amounted to just over 1,000 days. let's go live now to orlando. nbc is outside the courthouse with the very latest on what has happened this morning. good morning to you. >> reporter: good morning, richard. that was six days short of the worst case scenario for those protesters that gathered around this morning outside the courtroom. certainly not comforting, not even six weeks or six months, not even six years is any
brewer, covering the big news from coast to coast. the big story today, casey anthony will be out of jail in less than one week. moments ago, we learned the florida mother acquitted of murdering her own 2-year-old daughter will be released next wednesday, july 13th. on tuesday, she was convicted on all counts of lying to police. this morning, judge belvin perry announced what that would cost her. >> i will sentence you to one year in the orange county jail, imposing a $1,000 fine on each...
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>> it's a big deal. it's a new development obviously in these negotiations. we have to consider where these started with near unanimous agreement that the debt ceiling should be raised by both speaker boehner's office and the presidency. at first the white house was insists on a clean vote, now we've gone to the point where we're mimicking the bowles simpson plan. whether you're talking about raising the retirement age or means testing, for instance. those are major concessions that are going to rang wrangle a lot of democrats. >> why would the president go down this road when he has overwhelming support from the american people on medicare, medicaid and raising taxes on the wealthiest americans. why would the president go down this road? is he that fearful of a government shutdown? >> i think that's part of it. it would be cataclysmic if the government defaults on the debt. they like the idea of a big deal, they like to be the ones who are labelled as the serious deficit reducers. so i think they like that. >> let's remember the democratic leaders have said
>> it's a big deal. it's a new development obviously in these negotiations. we have to consider where these started with near unanimous agreement that the debt ceiling should be raised by both speaker boehner's office and the presidency. at first the white house was insists on a clean vote, now we've gone to the point where we're mimicking the bowles simpson plan. whether you're talking about raising the retirement age or means testing, for instance. those are major concessions that are...
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she's making a big push. i thought it was very fascinating she goes hard on, she talks the deficit and wasteful bailout. it's a strong term. i will not vote to increase the debt ceiling. it gives a sense of where she thinks republican voters are and the most fascinating moment was nothing you heard, but something you saw. the slate at the end where she says michele bachmann. the choice that will beat obama. she, like romney, already looking ahead to the general election. >> have you been impressed by her roll out? >> very impressive. to not forget or to put it in political perspective, i know the bail out and the stimulus is unpopular. if we hadn't had them, we would have 16% or 17% unemployment in this country. it would have been a financial not crisis, but meltdown. you can't campaign against popular policies, but that person would be a bad president if a financial sector melts down again. i don't think we are out of the woods. >> even with the acoustic guitar in the background? john, how is she doing out t
she's making a big push. i thought it was very fascinating she goes hard on, she talks the deficit and wasteful bailout. it's a strong term. i will not vote to increase the debt ceiling. it gives a sense of where she thinks republican voters are and the most fascinating moment was nothing you heard, but something you saw. the slate at the end where she says michele bachmann. the choice that will beat obama. she, like romney, already looking ahead to the general election. >> have you been...
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. >>> big news about the debt ceiling talks. we might see a big shift in the negotiations. the president is going to meet with top senate and house leaders and democratic officials tell us he's prepared to put medicare and social security changes on the table. that's a big about face and it drives home the urgency of the debt situation. >> my expectation is that over the next week to two weeks, that congress working with the white house comes up with a deal that solves our deficit, solves our debt problems, and makes sure that our credit is protected. >> obama is hoping that republicans will support some here's what republican senator rand paul of kentucky told cnn. >> some of the most conservative members of the senate and house will raise the debt ceiling con tint gent on three items. we want significant cuts, stater to caps like pay as you go, and then we want a balanced budget amendment. if we get these, we'll agree to raise the debt ceiling. >> democratic officials say the president wants up to $4 trillion in cuts over the next decade, but he does want some increases,
. >>> big news about the debt ceiling talks. we might see a big shift in the negotiations. the president is going to meet with top senate and house leaders and democratic officials tell us he's prepared to put medicare and social security changes on the table. that's a big about face and it drives home the urgency of the debt situation. >> my expectation is that over the next week to two weeks, that congress working with the white house comes up with a deal that solves our...
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a big fat liar. that's their opening. here's the deal. she walks in today and doesn't have to trick anybody anymore, doesn't have to play to a crowd. during the trial when they are trying to distance her from that image, from that trampy, vampy pictures that we saw, there's no makeup and the hair is pulled back very severely and the prominent ears are out and she's looking all, you know, down in the dumps and oh, poor me, woe is me. not smiling. this morning when nobody is watching that matters, out she comes with -- and she sat there the whole time and played with that hair, the whole time. >> wasn't she just relieved in the woman's life was on the line a couple days, could it be that she's relieved? >> it could be, but when you're dealing with somebody with sociopathic tendencies, it's about being invisible. the lies worked. it worked. she's relieved. i mean, come on, wouldn't you be, i mean, seriously? if i was facing the death penalty, i would have been puking on the table, let's face it, you kno
a big fat liar. that's their opening. here's the deal. she walks in today and doesn't have to trick anybody anymore, doesn't have to play to a crowd. during the trial when they are trying to distance her from that image, from that trampy, vampy pictures that we saw, there's no makeup and the hair is pulled back very severely and the prominent ears are out and she's looking all, you know, down in the dumps and oh, poor me, woe is me. not smiling. this morning when nobody is watching that...